Research On The Behavior Of Extraordinary Profit And Loss Earnings Management In GREEN-LAND Company

When investors invest through the capital market,scientific decisions is based on the analysis of real and reliable financial,in order to reduce investment risk,to achieve investment objectives.Extraordinary profit and loss unique non-recurring feature lead to stability and it is nor vulnerable to the company's product business to contain,so it has gradually become the company "subjective management" convenient way.In order to effectively curb this behavior,the China Securities Regulatory Commission improved from the concept of definition,disclosure requirements,project coverage and other aspects.These initiatives can reflect the importance of the Commission,but because of the role of extraordinary profit and loss,account information disclosure distortion is still serious,investors are still caught in the judgment of company's profitability.In this paper,G-L company as an example to reveal the behavior of extraordinary profit and loss earmings management;to provide a reference for distinguishing whether the existence of such acts;also to offer relevant improvement suggestions from various aspects to reduce the occurrence of such acts.First of all,summarizes the domestic and foreign research results in the two directions of extraordinary profit and loss and earnings management,and introduces the related content of triangle theory,information asymmetry theory,principal-agent theory and accounting surplus information quality theory.Then in the case analysis part of the G-L company,under the circumstance of defects in the extraordinary profit and loss concepts and regulation,the audit work is not responsible,Commission regulatory indicators unreasonable,to avoid "risk warning" and "suspension of listing",additional equity financing,apply for bank loans and other motives.Extraordinary profit and loss items are used as means of earnings management,including the disposal of profits and losses,government subsidies,other non-operating income and expenditure,impairment of assets.Finally,the author puts forward some suggestions on howto reduce the behavior of extraordinary profit and loss earnings management,from the perfection of definition of extraordinary profit and loss;the disclosure of the content and improved income statement;optimize the supervision system and the assessment indicators;improve the quality of audit.In this paper,1 and case analysis,in order to regulate extraordinary profit and loss information disclosure,reduce the extraordithrough theoreticanary profit and loss earnings management behavior,strengthen the supervision on the listed company.